Newsroom
February 08, 2016
NAFCU meets with CFPB today on CU issues
NAFCU President and CEO Dan Berger and staff will meet with CFPB Acting Deputy Director David Silberman today to discuss top credit union regulatory concerns and NAFCU's suggestions for overdraft and payday lending, among other issues.
Also attending today's meeting are NAFCU Executive Vice President of Government Affairs and General Counsel Carrie Hunt, Director of Regulatory Affairs Alicia Nealon and Regulatory Affairs Counsel Alexander Monterrubio.
Last week, CFPB urged the nation's 25 largest retail banks to offer lower-risk deposit accounts to "help consumers avoid overdrafting" and issued a bulletin reminding banks and credit unions of the accurate-reporting requirements of the Fair Credit Reporting Act.
Hunt responded to CFPB's announcement saying the association supports arming consumers with information to help them make sound decisions about checking and other financial services. She also noted that credit unions already offer the types of accounts and information CFPB pushed in last week's statements.
Silberman was named acting deputy director at CFPB last month. He continues to serve as associate director of research, markets and regulations at the bureau.
Also attending today's meeting are NAFCU Executive Vice President of Government Affairs and General Counsel Carrie Hunt, Director of Regulatory Affairs Alicia Nealon and Regulatory Affairs Counsel Alexander Monterrubio.
Last week, CFPB urged the nation's 25 largest retail banks to offer lower-risk deposit accounts to "help consumers avoid overdrafting" and issued a bulletin reminding banks and credit unions of the accurate-reporting requirements of the Fair Credit Reporting Act.
Hunt responded to CFPB's announcement saying the association supports arming consumers with information to help them make sound decisions about checking and other financial services. She also noted that credit unions already offer the types of accounts and information CFPB pushed in last week's statements.
Silberman was named acting deputy director at CFPB last month. He continues to serve as associate director of research, markets and regulations at the bureau.
Share This
Related Resources
Add to Calendar 2024-05-03 14:00:00 2024-05-03 14:00:00 Plan Sponsor Attitudes Toward Retirement Plan Management and Fiduciary Outsourcing About the Webinar In January 2024, Pentegra conducted a survey of retirement plan sponsors and their perspectives on retirement plan management and fiduciary outsourcing. The survey measured how sponsors are using fiduciary outsourcing to help better manage their retirement plans. It also captured their perspectives on what outsourcing does to help them better position their plans and drive improved retirement plan outcomes. Key Takeaways: What is the full scope of your responsibilities as a plan sponsor? What is fiduciary outsourcing and how does it work? How does fiduciary outsourcing help reduce workloads and minimize risk? How can a credit union best position its plan to drive improved outcomes? Register Here Web NAFCU digital@nafcu.org America/New_York public
Plan Sponsor Attitudes Toward Retirement Plan Management and Fiduciary Outsourcing
preferred partner
Pentegra
Webinar
Turning Lemons into Lemonade: Capitalizing in a Post-Banking Crisis Era
Strategy
preferred partner
Allied Solutions
Blog Post
Ensuring Safety and Soundness with AI
Management, Consumer Lending, FinTech
preferred partner
Upstart
Blog Post
Add to Calendar 2024-05-02 14:00:00 2024-05-02 14:00:00 Mastering Resilience in Incident Response Plans About the Webinar An Incident Response (IR) plan is crucial for guiding credit unions through major incidents efficiently and effectively. However, many IR plans lack resilience, making them less adaptable to the evolving threat landscape. Join us for our webinar Mastering Resilience in Incident Response Plans where DefenseStorm cyber experts Elizabeth Houser and James Bruhl will delve into the importance of resiliency within cybersecurity IR plans. Don’t miss out on the opportunity to learn how to: Ensure IR plan accessibility so that all team members with assigned roles are prepared for effective incident response. Conduct efficient and regular reviews to ensure roles and responsibilities are current, tools are relevant, and compliance requirements are met. Implement and utilize tabletops to regularly test the effectiveness of your IR plan. Enhance preparedness, efficiency, and confidence among responders. View On-Demand Web NAFCU digital@nafcu.org America/New_York public
Mastering Resilience in Incident Response Plans
preferred partner
DefenseStorm
Webinar
Get daily updates.
Subscribe to NAFCU today.